PayFit Pricing: Cost and Pricing plans

PayFit Pricing

Free Trial

Available

Pricing Options

Premium Plans ( Quotation Based / Subscription )

Pricing Insights for Payroll Software

The Average Cost of a basic Payroll Software plan is $20 per month.
35% of Payroll Software offer a Free Trial Allows users to try out the software for a limited period before making a purchase decision. , while 11% offer a Freemium Model Allows users to access basic features at no cost..

Pricing Plans

Light Others

£25 per Month*

£6 per Employee per Month + £19 Base fee

Faster payments: £1 per Employee per Month

Features

Core payroll
Bank file
Supported onboarding & video training
RTI submissions
Standard pensions
Help centre access

Standard Others

£75 per Month*

£6 per Employee per Month + £69 Base fee

Faster payments: £1 per Employee per Month

Features

Core payroll
Bank file
Supported onboarding & video training
RTI submissions
Standard pensions
Help centre access
HR features
Expenses
1-2-1 & performance review modules
Automated P11Ds
Access to CIPP payroll experts

Premium Others

£135 per Month*

£6 per Employee per Month + £129 Base fee

Faster payments: £1 per Employee per Month

Features

Core payroll
Bank file
Supported onboarding & video training
RTI submissions
Standard pensions
Help centre access
HR features
Expenses
1-2-1 & performance review modules
Automated P11Ds
Access to CIPP payroll experts
Non-standard pensions
Custom payroll journals
Managed P11Ds

Screenshots of Vendor Pricing Page

Disclaimer: The pricing details were last updated on 03/06/2024 from the vendor website and may be different from actual. Please confirm with the vendor website before purchasing.

PayFit FAQs

Does PayFit offer a free plan?

No, PayFit does not offer a free plan.

Learn more about PayFit pricing.

Compare PayFit Pricing Against Competitors

Product Name	Starting Price ($)	Billed	Unit	Free Trial	Learn More
PayFit	-	-	-		PayFit Pricing
Hive Payroll	-	-	-	+	Hive Payroll Pricing
Gen Payroll Software	-	-	-	+	Gen Payroll Software Pricing
Open Payroll	-	-	-	+	Open Payroll Pricing
PayrollPanda	-	-	-	+	PayrollPanda Pricing
Paybooks	-	-	-	+	Paybooks Pricing
Factorial	5.75	per month	per user	+	Factorial Pricing
Deel	29	per month	-	-	Deel Pricing
factoHR	-	-	-	+	factoHR Pricing
Paymate	-	-	-	-	Paymate Pricing

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PayFit Features

Show Feature Explanation

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Payroll Features

Features: The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more

95%

Unique Features

Multi-country

Supports electronically transfer of payments to employees regardless of the country or state

Tax Management

Management of finances for payment of tax as well as assessing the advance tax liability to pay your tax in time

401(k) Tracking

Helps to track and manage matters concerning 401(k) that is a retirement savings plan sponsored by an employer.

Standard Features

Tax Filing

Allows the filing of payroll tax forms for federal, state, and local taxes.

Wage Garnishment

Helps in deducting the amount from an employee's monetary compensation including salary as per a court order to pay off debt

Leave Tracking (Vacation)

Assist in keeping track of leave and holidays for easing the payment calculation process

Self Service Portal

Provides the employees with a website where they can update their accounts, make bill payments, avail necessary information and other self-help functions

Direct Deposit

Supports direct deposit which is the most popular method for giving paycheques to employees in an electronic form

Deductions Management

Helps optimizing deductions workflow and assist in calculating various deductions or additions like ESI, PF, integrating leave, performance

Compensation Management

Manages employee compensation related data in an organized and automated manner

Check Printing

Allows previewing and printing standard and customized paychecks

Benefits Management

Helps in monitoring and managing non-wage compensation given to employees besides their regular salaries or wages.

Attendance Tracking

Helps to quickly and easily track the attendance

Multi-Currency

Enables payment and collection in multiple currencies.

PEO Services

Professional Employer Organizations (PEOs) offer small and medium-sized businesses affordable HR services and benefits by serving as co-employers and managing compliance, eliminating the need for an in-house HR department.

EOR Services

Facilitates the management of employment-related responsibilities, compliance, and HR functions associated with Employer of Record (EOR) services

Third-party Integration

Offers synchronization with third-party applications

W-2 Preparation

Helps electronically preparing the W-2 form that reveals the total gross income of an employee.